News
US targets two insurers, banks, shipping and energy sector in new Iran sanctions
The US Treasury on Wednesday blacklisted more companies – putting them off limits to US businesses - including two insurers.
Law firm criticises government plans
Law firm CMS Cameron McKenna has said that the government’s plan to split supervision and enforcement of the financial services industry will “dissipate responsibility”.
Government makes plaques medical evidence pledge
The coalition government has pledged to consider compensating past pleural plaque victims if new medical evidence became available
Kwik Fit Insurance turns 15
Kwik Fit Insurance marked 15 years in the business on 14 June.
Incisive Media scoops Biba awards
Post, Reinsurance, PB and Insurance Age journalists have won four awards and three “highly commended” accolades at the British Insurance Brokers’ Association’s 2010 journalist of the year awards.
Catlin's Jardine appointed deputy chairman of Lloyd's
Lloyd’s has appointed Paul Jardine from Catlin Syndicate as deputy chairman of The Council of Lloyd’s following Ewen Gilmour’s retirement from the position earlier this month.
Markel relocates to Glasgow
Markel UK, the retail division of Markel International, has relocated its office in Scotland to Glasgow.
FSA powers to be cut
Chancellor George Osborne has confirmed that he will give the Bank of England the key role in regulating the UK financial sector, the BBC reports.
Post in print – 17 June 2010
News editor Mairi MacDonald outlines the major news stories from this week’s issue of Post, including: the possibility that the government may look to buy more insurance in a strategic move to cut costs; Tesco price comparison coming under scrutiny…
Airmic chief executive reveals what’s next for non-disclosure
As the Association of Insurance and Risk Managers unveiled its plans this week to tackle the failings of UK insurance law on the key issue of non-disclosure, Lynn Rouse spoke to chief executive John Hurrell to get more detail on what will happen and when.
Talbot appoints senior hull underwriter
Talbot Underwriting Ltd has appointment Mike MacColl as senior hull underwriter.
Blackham launches Endorphin to invest in brokers and MGAs
Former broking partners Chris Blackham and Geoff Bradford have announced their return to the insurance market through the formation of the Endorphin Group.
RICS appoints Howden as its preferred PI broker
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd’s broker, Howden, as its preferred UK professional indemnity broker. This is the first time that the RICS has appointed a preferred broker for this type of insurance.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Claims firm expands into glazing
Imperial Consultants has expanded its service offering to include glazing validation.
Former Lloyd's director Tolle joins Beazley
Rolf Tolle is to join the board of Beazley Furlonge, the Lloyd’s managing agency that forms part of Beazley, the company announced today. The appointment is subject to regulatory approval.
Canopius promotes four in Lloyd's
Canopius Group has announced a number of promotions following a review of its senior management organisation at its Lloyd's platform, Canopius Managing Agents.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Broker network director warns intermediaries over claims farming
1 Answer Network business development director Trevor Cutts has criticised the practice of claims farming for ‘undermining the claims process and the integrity of the industry’.
Generali’s Sergio Balbinot elected new CEA vice-president
At the CEA’s general assembly held in London on 10 June, Sergio Balbinot, managing director of Generali, was elected vice-president of the federation.
Former Lloyd's director Tolle joins Beazley
Rolf Tolle is to join the board of Beazley Furlonge, the Lloyd’s managing agency that forms part of Beazley, the company announced today. The appointment is subject to regulatory approval.
Marsh: more companies adopting sustainability strategies
As demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.
Fusion founders Pallett and Crisp back with Aspen MGA
Aspen Insurance UK has announced today that it has appointed Kevin Pallett and Geoff Crisp to launch a range of new insurance and risk management products for selected brokers and their clients in the UK market.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.